Billionaire Eric Sprott suspects sovereign wealth funds have been significant buyers of precious metals in recent weeks, particularly those funds who were heavy buyers of gold and silver in recent years at higher prices. He also expects miners profit margins to explode as bullion prices increase, which he sees going to $3000 soon. “Gold stocks at… Continue Reading

Our friends at Pinnacle Digest published a great 24 minute audio interview with veteran mineral exploration analyst John Kaiser, whose Bottom Fish service tracks over 1800 junior resource companies listed on the TSX-V. Listen: 686 Junior Resource Companies on the Brink | John Kaiser Apr 17, 2013 Interview Kaiser sees commodity prices trending lower. He is… Continue Reading

Like the iron ore producers, copper miners have invested so much bringing new supply to the market that a surplus of copper is now expected for the first time in many years. Article: Garry White and Emma Rowley | Telegraph

Copper and silver tycoon and environmentalist Ross Beaty sees stagnant global growth, but strong fundamentals for gold. Here he shares his views, and a few memorable moments in his career — on both sides of the industry. “Comfortable with ambiguity,” says the sign on Pan American Silver chairman Ross Beaty’s office door. It’s a fitting… Continue Reading

Copper has been kind to Chile. It provides 20% of GDP and 60% of exports. Thanks to it, Chile’s economy is expanding by nearly 6% annually, while inflation and unemployment are enviably low. Poverty rates have tumbled; public services are mostly good. Chile has other strengths, such as agriculture, tourism and even high-tech. But small… Continue Reading

Zimbabwe’s dollar had been too liberally printed: a swollen stock of local banknotes was chasing a diminished supply of goods. Now the American banknotes the economy relies on have to be begged, borrowed or earned. Even so, the monetary system works surprisingly well. A scarcity of greenbacks keeps inflation in the low single digits. The… Continue Reading

Barbara Yaffe: If B.C.’s NDP wins, those of us needing to work can always move to Alberta Article: Vancouver Sun

Topics include NexGen Energy, Fission Energy, Alpha Minerals and Denison Mines. Recorded April 24, 2013.

“We are in a supercycle for lumber,” suggests Raymond James Ltd. forestry analyst Daryl Swetlishoff, who has been expecting the impact of this confluence of events since publishing his “peak lumber” report in 2010. “We are in the third inning, and we see a lot of upside… A rising tide will lift all boats,” he… Continue Reading

Despite dramatic headwinds in both the uranium and exploration industries, Canadian explorer NexGen Energy has cornered the Athabasca Basin’s two best, recent uranium discoveries. On March 11, 2011, the uranium industry was devastated by the nuclear catastrophe at the Fukushima power plant on the west coast of Japan. The black swan event also coincided with… Continue Reading

Pretium Resources Inc (PVG) announce this morning that it has entered into a subscription agreement with Liberty Metals & Mining Holdings, LLC (“LMM”), a subsidiary of Boston-based Liberty Mutual Insurance, to issue to LMM by way of a private placement 5,780,346 common shares of Pretium (the “Purchased Shares”) at a price per share of C$6.92… Continue Reading

Tim Kiladze and Jacqueline Nelson have a tough new article out about gold fund manager Eric Sprott. While it’s definitely worth a read, reports like these tend to mark market bottoms, historically. We believe the best days for Sprott Inc. lie ahead. Read the article at Globe and Mail ->

Petroamerica Announces Initial Test Results of more than 3,250 BOPD of Light Oil from the Mirador with its Las Maracas-8 Well This is another spectacular well from Petroamerica, our largest position. Press release, Stock quote.

Eddy Elfenbein of the Crossing Wall Street blog has a great profile of Bond King Jeffrey Gundlach out today. We recommend you check it out on Eddy’s blog.

[His] offices carry a distinct museum quality. Three decades of scalps, resulting from some of the most famous hostile takeovers, proxy fights and board assaults in American financial history, cover every cranny of his wood-lined corridors… Article: Steven Bertoni, Nathan Vardi | Forbes India